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Basic Investing in Resource Stocks: The Idiot's Guide Kindle Edition
Worried about losing your shirt on investments in precious metals? Cut through the noise with this simple and direct guide to putting your dollars to work.
Trying to make a decent return on your nest egg but don’t know how? Have you avoided putting resource stocks and bonds in your portfolio because you’re unsure how they work? Want to make your money work harder and smarter? Every month, nearly half a million readers count on author Robert Moriarty’s website for key information on resource investments and mining. Now the experienced investor is here to share his expertise to increase both your confidence and your profit.
Basic Investing in Resource Stocks: The Idiot's Guide is a down-and-dirty approach to help you understand the foundations of the resources sector share markets. Using historical data and his own wins and losses, Moriarty clearly sets out the best way to approach this complex marketplace. Armed with up-to-date knowledge, you’ll soon have a clear understanding of precious metal trends and be ready to invest like a pro.
In Basic Investing in Resource Stocks, you’ll discover:
- The state of the current market and how to ensure it makes sense
- What expert advice to avoid and which advice will make you money
- Various pros and cons of each of the resource stocks and how to use both to your benefit
- Why 85-95% of investors lose money and how to make sure you’re not one of them
- Helpful hints, tools to simplify the process, and much, much more!
Basic Investing in Resource Stocks is your ultimate handbook for grasping the valuable gold and silver markets. If you like straight-to-the-point advice, easy-to-understand language, and expert tips and techniques, then you’ll love Robert Moriarty’s invaluable tool.
Buy Basic Investing in Resource Stocks to build your confidence and your returns today!
- ASIN : B07NQS6N7M
- Publication date : February 13, 2019
- Language : English
- File size : 11047 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Enabled
- Word Wise : Enabled
- Print length : 109 pages
- Lending : Enabled
- Best Sellers Rank: #291,979 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
About the author
Reviewed in the United States on February 17, 2019
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Top reviews from the United States
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The Idiot's Guide reminds me of Miyamoto Musashi's classic "The Book of Five Rings." It's short, crisp, to the point and filled with investment gems, any one of which could place - or help keep you on the path toward a secure financial destiny.
Bob sees and explains with absolute clarity, the panorama of intractable issues the globe is dealing with - socio-political instability, massive indebtedness at all levels, the underappreciated significance of France's Yellow Vests, the Derivatives' time bomb, the penchant for trying to have "a government bigger than you can afford". If you think these things aren't going to cast asunder the fortunes of the majority who've done little or nothing to prepare for the Great Unwinding, then I'm sorry, but you're still out to lunch.
If you pay attention to nothing else, drill down on Bob's explanations of, for your understanding about - Sentiment. It's one of the most important concepts - along with not letting big profits turn into big losses -that he discusses. Right now, most people see, with their eyes wide shut, the evolution of what's destined to become the biggest financial crash and burn of the modern era. And the masses will first sit and watch, then be carried away financially because they didn't go against the prevailing feelings, and prepare when they had the chance, along the lines of what's suggested in The Idiot's Guide.
His chapter "Moriarty's Dozen Rules of Investing" is worth the price of the book - and your time. Sure you've heard some of these rules before, but do you follow them? Just two: "If you don't sell at a profit, the only alternative is to sell at a loss." And: "Profitable investing is simple, but not easy." If it was "easy" you wouldn't need to read this book. Get into the flow of what Bob is talking about, start internalizing and then applying what he's learned over the decades - and in a few years, find yourself at the Winners' Table.
For going on two decades now, Bob Moriarty has - not every time - but consistently over time - made some of the best calls at important market turns of anyone in print. And these calls are verifiable in the archives at 321gold.com, the heavily-visited website he runs with his wife, Barb.
He understands human nature. He understands the markets. And he understands how to clearly explain the interrelationship, without hedging, to anyone of reasonable intelligence. It also helps to have an open mind and a sincere desire to stop getting it wrong and start getting it right (thereby holding onto most of your profits) when it comes to becoming a top-notch investor. Internalize, then decide to apply Bob Moriarty's hard-won wisdom to your own goals and circumstances.
Doing so now or in the near future may be the best - and last - chance you'll get to move to the next financial level, while most of those around you are heading - big time - in the opposite direction. Make the application of what you'll learn from reading Basic Investing in Resource Stocks: The Idiot's Guide, the talisman that transports you well beyond what you ever thought you might someday become
Besides showing the reader how they can invest with confidence, there are many other interesting insights from Mr. Moriarty, such as ALL DEBTS GET PAID- I never thought of it that way until he explained, that even in a default situation, somebody has paid the debt, it just wasn't the borrower in that case, it was the lender.
This book is particularly useful because of it's timeliness. There is no denying that commodities and resource stocks have underperformed the general stock markets for many years, but as commodities are cyclical, they will also outperform at some point in the future, and possibly very soon. It would be wise to adopt the principles in this book so that they become second nature, as we head into another upturn in most commodities. The best part is his constant reminders to keep it simple, there is absolutely no need to complicate the investment decision-making process.
I look forward to Mr. Moriarty's next book!
The investing gurus of Wall Street will not like this book, but most of us struggling in the bottom 90% of the financial food chain should read it.
The book explains his investing wisdom and is quick to read. I recommend you spend a few hours and benefit from his experiences and wit.
Top reviews from other countries
There's nothing complicated or obscure about his writing style which is fine by me so long as there's content and, yes, there was plenty of content. Instead of filling the pages with dribble, he got down to the meat and potatoes of making money. Much of it I had known for years, but the funny thing is that I just didn't realize how fundamental it was. Then there were a few gems that I guess I sort of knew, but just didn't actually know that I knew. In short, both of these books got me thinking, but most importantly, they got me thinking for myself! In fact they got me thinking well beyond the content of the books! There's no magic to flipping a switch, but the resulting light can appear like a miracle. This is the effect of simplicity and why I appreciate these books so much.
I bought both books at the same time and after reading "Nobody Knows Anything" (published 2016) I dove right into "Basic Investing in Resource Stocks" (published 2019). Moriarty wrote these two books separately, but one flows into the other and they meld together so well that I really can't write separate reviews. I wonder if the publisher will ever decide to publish them together as one edition. It seems like an obvious discussion that has probably occurred already. I will post this same review for "Nobody Knows Anything" since the two books really do belong together and provide equally valuable insight in the same manner, although they are each very capable as stand-alone reads.
I just received another book by Robert Moriarty, "The Art of Peace" (published 2016). It's seems more of an autobiography than an investment book, but I'm grateful for the two that I've already read so finding out more about the author should be interesting.
I found this to be a no B.S. book on how the investment industry works, and doesn't. The book is a fascinating look behind the scenes of the stock market and at some of those in the industry that make it work, and some of those that don’t.
His Dozen Rules of Investing are worth the price of the book and more alone.
If you are new to trading then you will find this to be especially useful information, helping to avoid the pitfalls that most traders fall into. You will learn from Bob that not everything is, as it is told. He will teach you how investments work, and how to protect yourself from those who would legally steal your money from you given the opportunity.
I liked the way he covered the resource sector, and categorized the companies, great for making watch lists. His methods for handling risk and dealing with profits and losses made me rethink how I will handle my trades. One too many times the big ones slipped away, just from not knowing when to take some money off the table, or cut my loss. I wish I had this information 30 years ago.
Read the rest of the reviews here, and you, like me will be glad you bought this book.
I am eagerly awaiting a follow up to this book, as I am very curious as to what he has to say about the present state of things in the world today. (April 2020). I am sure it will be as colorful and entertaining as this book has been.